On March 20, 2025, an important meeting took place between David Sacks, the US special advisor to AI and Crypto, and Sheikh Tahnoon Bin Zayed Al Nahyan, president of the Abu Dhabi MGX investment fund.
This meeting has marked significant progress in technological cooperation between the United States and water and has created new opportunities in artificial intelligence (AI) and cryptocurrency.
What have David Sacks and Sheikh Tahnoon discussed?
Sheikh Tahnoon is a powerful figure of water. He is the brother’s brother and is the country’s national security advisor. He also chairs MGX, an investment fund created in 2024 to promote AI and Blockchain technologies.
In an article on X (formerly Twitter), Sheikh Tahnoon said that he and David Sacks had discussed the development of AI, the role of digital currencies and investment opportunities.
“I explored with David Sacks, the special advisor to the AI and the crypto, the transforming effects of artificial intelligence in various sectors, the expansion role of digital currencies in the reshaping of financial systems and investment opportunities emerging from their convergence,” said Sheikh Tahnoon.
This meeting took place only a week after MGX announced an investment of $ 2 billion in Binance, the largest cryptocurrency exchange in the world. In particular, MGX made this investment using Stablecoins, making it the largest investment transaction based on cryptography of all time.
Under the leadership of Sheikh Tahnoon, MGX emerges as the major IA investor with allocations in various AI sectors. According to the Wall Street Journal, MGX is expected to receive more than $ 50 billion from personal assets from Sheikh Tahnoon and other sources in Abu Dhabi.
In addition, MGX is one of Stargate’s main donors, a $ 100 billion data center project led by SoftBank and Openai, announced at the White House. The fund also invested in Openai, XAI of Elon Musk and Anthropic supported by Amazon.
This meeting was part of a larger series of diplomatic commitments between the United States and water. On March 18, President Trump announced on Truthsocial that he had welcomed Sheikh Tahnoon for dinner in the White House. They discussed economic and technological cooperation.
“The discussions have also included means for our countries to increase our partnership for the progress of our economic and technological future,” said President Trump.
In addition, reports have recently surfaced by suggesting that the Trump family is negotiating to acquire participation in Binance.us. However, CZ, the former CEO of Binance, denied these statements. Meanwhile, World Liberty Financial, a DEFI project linked to the Trump family, continued to invest permanently in projects like Avalanche, Mantle, Su Blockchain and the movement.
Non-liability clause
In membership of the Trust project guidelines, Beincrypto has embarked on transparent impartial reports. This press article aims to provide precise and timely information. However, readers are invited to check the facts independently and consult a professional before making decisions according to this content. Please note that our terms and conditions, our privacy policy and our non-responsibility clauses have been updated.
